Tritax Big Box REIT has signed up a number of new institutional investors for a private placement in the US of £400m new senior unsecured loan notes.
The loan notes are comprised two tranches - £250m at a fixed coupon of 2.86% and £150m at a fixed coupon of 2.98% - with a weighted average coupon of the fixed rate notes equating to 2.91% and a weighted average maturity of 9.8 years.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts